Direct Reduced Iron (DRI) is the product of the direct reduction of iron ore in the solid state by carbon monoxide and hydrogen derived from natural gas or coal. See more information about the production of DRI . Most gasbased direct reduction plants are part of integrated steel minimills, located adjacent to the electric arc furnace (EAF ...
WhatsApp: +86 18203695377In this paper, the process of direct reduction roasting using magnetic separation to produce direct reduction iron (DRI) from highphosphorus oolitic hematite, using coal slime and blast furnace dust as reductant, is investigated. The possible use of slime coal and blast furnace dust as reductant and the dephosphorization behavior during the process of direct reduction was studied ...
WhatsApp: +86 18203695377The Adani Group today slammed the UKbased newspaper Financial Times' for "raking up an old, baseless allegation of overinvoicing of coal imports". The group accused it of a "malicious campaign ...
WhatsApp: +86 18203695377The DRI probe against Adani and other firms began, after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of ...
WhatsApp: +86 18203695377The company said it has been vindicated by the DRI's decision this year to withdraw an appeal to the Supreme Court in a case against one of the 40 importers named in 2016.
WhatsApp: +86 18203695377About Us History DRI Network Organization Structure Charter Message from Pr. DG's Desk Former Directors General Awardees Publications RTI RTI Right to Information Act., 2005 Director of Public Grievances CPGRAMS Proactive Disclosure under Section 4 (1) (b)
WhatsApp: +86 18203695377The DRI found as many as 40 companies were engaged in importing of Coal from Indonesia to Indian power plants. 90% of the coal is imported from Indonesia, while about 5% is imported from Australia. Adani Group of companies import around 70% and the second importer Anil Ambani's Reliance Group imports around 5%.
WhatsApp: +86 18203695377It is a case of overinvoicing of imported coal prices started from 2008 onwards. The DRI smelled a huge scam in coal imports from Indonesia, from where almost 8090 per cent coal is imported to India. In December 2014, the DRI had carried out series of searchandseizure raids across 80 locations in Delhi, Tamil Nadu, Gujarat, Karnataka ...
WhatsApp: +86 18203695377Adani Group said in the case of Knowledge Infrastructure, one of the 40 importers mentioned in the General Alert Circular, the DRI's Show Cause Notice alleging overvaluation in the import of ...
WhatsApp: +86 18203695377The use of direct reduced iron (DRI) as a substitute for premium scraps in electric arc furnace (EAF) steelmaking has increased in popularity because DRI does not have tramp elements, has a uniform density and shape, as well as higher yield and purity of carbon, affords convenience of charging, and has lower cost of raw materials.[1,2,3,4,5,6,7] Unfortunately, however, commercially available ...
WhatsApp: +86 18203695377Coal or coal briquettes enter the meltergasifier dome and are converted to char at 1100°C1150°C. Oxygen is blown into the melter gasifier and a reduction gas, mainly CO and H 2, is generated by gasifying the coal, which is fed to the upper reactor(s), reducing the burden. The reduced iron ore or hot DRI is charged into the melter gasifier ...
WhatsApp: +86 18203695377directorate of revenue intelligence dri is seeking to restart a probe into adani group for alleged overvaluation of coal imports and has asked supreme court to allow them to collect evidence from singapore reuters reported dri has been trying since 2016 to procure transaction documents from singapore adani group has reportedly repeatedly ...
WhatsApp: +86 18203695377In March 2016, the DRI initiated a probe against a few Adani Group firms for alleged overvaluation of coal imports from Indonesia between 2011 and 2015. The LRs were issued to Singapore, Dubai and Hong Kong, seeking help to access documents lying with overseas branches of three Stateowned banks relating to transactions under the probe.
WhatsApp: +86 18203695377The DRI has monitored the details of coal imports of these companies till 31 March 2016, information accessed by the authors suggests. Web of Scams. This revelation comes weeks after the DRI secured the first arrest of an accused person who was allegedly involved in overinvoicing of coal imported from Indonesia.
WhatsApp: +86 18203695377Adani News Live: The Supreme Court disposed of the petition filed by the Directorate of Revenue Intelligence (DRI) challenging orders issued last year by the Customs, Excise Service Tax Appellate Tribunal (CESTAT), quashing cases pertaining to overinvoicing allegations leveled by the DRI against three Adani group subsidiaries. The US shortseller Hindenburg Research had mentioned the DRI ...
WhatsApp: +86 18203695377It said the proposed story by the publication is based on the DRI's General Alert Circular dated March 30, 2016. However, the publication has "singled out the Adani Group, while the DRI's circular mentions as many as 40 importers including the Adani Group companies," the statement said.
WhatsApp: +86 18203695377While Indonesian coal was shipped directly from Indonesian ports to India, the DRI's 2016 alert said, suppliers' invoices were "routed through one or more intermediaries based in Singapore, Dubai, Hong Kong, British Islands (UK) etc for the purpose of artificially inflating its value."
WhatsApp: +86 18203695377From Office of Pr. ADG DRI DZU situated at B3 and B4 6th Floor Pt. Deendayal Antyodya Bhawa CGO Complex Lodhi Road New Delhi110003 ( Size KB ) Communique Working of DRI Hqrs from D Block Drum Shape Building Indraprastha Bhavan Estate New Delhi110002 ( Size KB )
WhatsApp: +86 18203695377SCCL coal linkage: Date Of prebid conference:, at 11 am for CEMENT CPP Sub sectors at venue: Hotel Golkonda, Masab Tank, Hyderabad. For Coal India Limited. CIL: Login detail for Preauction consumer conference for CPP subsector under 'Auction of coal linkages for nonregulated sector TrancheV'.
WhatsApp: +86 18203695377Furthermore, the DRI's appeal was reportedly withdrawn by the Supreme Court of India on January 24, 2023, with an acknowledgment of the government's stance against engaging in futile litigation.
WhatsApp: +86 18203695377Having failed earlier, a foreign publication is "making another effort to financially destabilise the Adani Group by raking up an old, baseless allegation of overinvoicing of coal imports," Adani Group said in a statement. It said the proposed story by the publication is based on the DRI's General Alert Circular dated March 30, 2016.
WhatsApp: +86 18203695377The DRI probe against all these companies began after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of ...
WhatsApp: +86 18203695377Furthermore, dissimilar to blast furnace pig iron, which is nearly pure iron, DRI comprises some siliceous gangue, which has to be removed in the steelmaking process (Dutta Sah, 2016 ...
WhatsApp: +86 18203695377The Supreme Court (SC) Monday dismissed petition filed by the Directorate of Revenue Intelligence (DRI) challenging orders issued last year by the Customs, Excise Service Tax Appellate Tribunal (CESTAT), quashing cases pertaining to overinvoicing allegations levelled by the DRI against three Adani group subsidiaries. Between November 2022 and January 2023, the federal agency had moved the ...
WhatsApp: +86 18203695377"The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated 30 March 2016. ... It also deliberately ignores the fact that coal procurement in India on a longterm ...
WhatsApp: +86 18203695377Allegations revolve around overinvoicing of coal imports and global conspiracy; ... The FT's story was said to be based on a General Alert Circular /2016/CI dated March 30, 2016, issued by the Directorate of Revenue Intelligence (DRI). The Adani Group pointed out that the circular mentioned as many as 40 importers, including Adani Group ...
WhatsApp: +86 18203695377The capital market regulator had "concealed a January 2014 DRI alert about Adani having siphoned off money and invested them in Adani listed companies through entities based in Dubai and Mauritius," petitioner Anamika Jaiswal said in her affidavit dated September 8. ... Rules 1957 by the Adani Group that was conducted from April 1, 2016, to ...
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